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December 12, 2017

The US producer prices are rising in November 2017 after the cost of gasoline and other commodities has increased. The Labor Ministry’s report shows accelerating pressure on wholesale prices, which may reduce fears of holding back low inflation. The producer price index for final demand rose by 0.4% last month, marking a third strong month.

The UK inflation suddenly accelerated in November to the highest level of five and a half years. The consumer prices are up by 3.1% year-on-year, encouraged by more expensive airline tickets and computer games, according to data from the National Statistics Service. The inflation rate is the highest since March 2012. The fact that it

December 10, 2017

The British citizens expect inflation to accelerate in the mid-term to its highest levels in over two years and interest rates to rise faster, according to a study by the Central Bank of England (BoE). The UK citizens expects inflation to be 2.9% over the next two years, with previously forecasts of 2.7%. After 5

Chinese production price inflation slowed down to a 4-month low in November 2017. The factories activity has shrunk due to continued government efforts to tackle pollution, which limits demand for raw materials. The production prices rose by 5.8% yoy, which is the weakest pace since July, the national statistical office said on Saturday. The growth

December 5, 2017

The inflation in Turkey accelerated to 12.98% in November 2017, growing from 11.9% in the previous month. The index reached the maximum level for the past 14 years – since 2003, shows the official data. The consumer prices rose by 1.49% in November against a 2.08% rise in October. The core inflation, which is excluding

November 30, 2017

The Eurozone inflation rate is expected to accelerate slightly in November to 1.5% from the previous month when it was at 1.4%. This is the preliminary estimates of the European Statistical Office Eurostat. Despite a slight rise, however, the growth did not meet the expectations of analysts expecting an increase of 1.6%. The main push

November 16, 2017

US consumer prices rose slightly in October 2017 after the boom in gasoline prices due to turbulence in oil refineries in the Gulf of Mexico. At the same time, however, rising rents and healthcare spending have boosted base inflation. The poor inflation, however, helps to strengthen consumer spending. The other figures presented on Wednesday showed

November 15, 2017

UK inflation remains at a 5-year high in October 2017, as the cheaper transport fuel compensated the rising food prices. The consumer prices are up 3% yoy in October, keeping the trend from the previous month, according to data from the National Statistical Service. The analysts rxpectations were for acceleration to 3.1%. The rise in

November 10, 2017

The National Bank of Romania revised its forecast for inflation expected at the end of this year from 1.9% to 2.7%, revealed the Bank Governor Mugur Isarescu. For the end of 2018, the central bank expects an inflation rate of 3.2%, similar to the previous forecast, and projected inflation of 3.1% by the end of

November 7, 2017

The European Central Bank (ECB) should abandon its inflation target and accept less rigorously as the current policy objective distorts the markets and risks normalizing interventions, according to the bank’s former chief economist, Jurgen Stark. He warned that the ECB’s ultra-blunt policy has pushed bond, stock and real estate prices to levels that do not